Beautiful certificate from the Perseverance-Velvet Mining and Leasing Co. issued in 1907. This historic document was printed by the W.H. Kistler Stationery Co. and has an ornate border around it with a vignette of a stream of water coming from a mountain in the distance. This item has been hand signed by the Company's Vice-President, and Assistant Secretary, and is over 104 years old.
The Western investors review, Volume 14 - 1907 PERSEVERANCE-VELVET LEASE. The Company also owns, outright, 107,515 shares of stock in the Perseverance-Velvet Mining & Leasing Company; a one million dollar corporation, having a lease on the Velvet property, 1.500 feet East of the famous Mohawk, and also has an option on 115,857 more shares of the same stock at 50 cents per share, on which 5 cents per share has been paid, with the balance payable any time before September 1st, 1908. There is now a 217 foot shaft on this lease with an additional 100 feet contracted for. $10,000 for development work is raised or guaranteed, with the expectation of increasing the development fund to $30,000. With well located ground, development assured, the results may be anything from a five million dollar profit on the lease to total loss; but it is a worth while chance. Remember the Mohawk and Florence were "chances." One unpatented claim in Goldfield District, seven claims in Manhattan District, and lease and bond on property near Central City, Nevada. Main office, 300 Railway Exchange Bldg., Denver, Colorado. Stock research by OldCompany.com (old stock certificate research service).